UPDATE 2-GM, Chrysler merger on hold as aid hopes fade-sources

Newswire

(Adds detail on Nissan-Renault, GM share price movement, comments from Obama, McCain campaigns) By Jui Chakravorty Das and Kevin Krolicki NEW YORK/DETROIT, Oct 31 (Reuters) - A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with direct knowledge of the talks said. This puts any merger of the struggling automakers on hold until after the U.S. presidential election, the sources said. The ...

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